Comic John Oliver quipped that cryptocurrency is “everything you do not recognize about revenue put together with every thing you do not comprehend about technology.” He missed yet another region of notorious confusion: the regulation. The terrific regulatory bureaucracy has woke up to the significance of blockchain-enabled know-how, led by the SEC.
The federal government is selected that cryptocurrency have to be regulated, but it is confronted with a knotty question: What kind of asset is cryptocurrency? Protection? Commodity? Currency? Anything else? Meanwhile, technologists and entrepreneurs are building new programs that have an effect on the answer.
The new motor